ASM 1.44% 68.5¢ australian strategic materials limited

ASM Chart Thread, page-6721

  1. 2,994 Posts.
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    Would a stop loss selling order after a given % drop with an opportunity to buy back have helped?
    I use median trends to determine when downturns and upturns are occurring
    They can be weekly (slow indicator) or daily (reacting after 1 or 2 days)

    More often than not a stop loss sale during a downtrend can provide a buy back opportunity.
    Of course you risk a good announcement that catches you by surprise after selling.
    Which is more important fear of loss or fear of missing a gain?
    The answer might be to hold some and sell some
    Especially if the gain locks in a profit.

    This is not financial advice from me, just what I have read.
    It will not suit everyone and I am asking the question, not advising.
    Everyone has different circumstances and their own personal risk profile.

    These are the median trends I use for information and research, not intended as advice.
    The aim of median trends is to avoid over-reacting to volatile price movements
    Weekly to 6th May, then daily for greater short term sensitivity.

    Will post example chart in separate message due to message size limitation here.


 
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Last
68.5¢
Change
-0.010(1.44%)
Mkt cap ! $124.0M
Open High Low Value Volume
69.0¢ 71.5¢ 68.5¢ $167.5K 240.6K

Buyers (Bids)

No. Vol. Price($)
3 36938 68.5¢
 

Sellers (Offers)

Price($) Vol. No.
69.0¢ 3667 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
ASM (ASX) Chart
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